BAKE/USDT Bullish Breakout UpdateBAKE/USDT Bullish Breakout Update 🚀
$BAKE is looking strong after breaking out of a bullish pennant pattern, which means it could make a big move soon.
▪️ Buy Zone: $0.31 - $0.40
▪️ Targets: $0.71$1.24$2.23$4.04$8.27
▪️ Stop Loss: $0.20
This breakout is visible on the higher time frame, so the ta
💎Keep a close watch as #BAKE eyes that resistance level 💎 Paradisers, #BAKE has formed a 'W' pattern after taking liquidity by breaking below previous swings and then rebounding, indicating potential trapped sell positions with stop losses above the resistance area.
💎 If #BAKEUSDT breaks out above the resistance level, we can expect a bullish move as it
BAKE LOGIC According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 37 (Fear). Bakery Swap recorded 15/30 (50%) green days with 9.29% price volatility over the last 30 days. Based on our Bakery Swap forecast, it's now a bad time to buy Bakery Swap.
bakeusdt bullish wedge found on 15mbakeusdt bullish wedge found on 15m
taking small risk
reward is almost 4
Just a simple Bake Usdt Chart, I can't see the direction clearlyI really don't know which way this chart might go, since it's a very low cap coin as compared to the other top 10 coins.
💡Don't miss the great buy opportunity in BAKEUSDTTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (2.003).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BAKEUSDT is in a range bound, and the beginning of an uptrend is exp
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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